Moody's reaffirms Albania's rating: "Ba3" with a "stable" outlook!
The international credit rating agency Moody's Ratings, in its periodic report published on October 7, 2025, has reaffirmed Albania's long-term sovereign credit rating at "Ba3" with a "stable" outlook.
Moody's emphasizes that macroeconomic stability was maintained during three major shocks that affected the Albanian economy, such as the earthquake, the pandemic, and the European energy crisis, and assesses the sustainability, but also the ability for rapid recovery.
The agency also underlines that the medium-term economic growth outlook will remain stable.
Real GDP growth is projected at 3.7% in 2025 and 3.5% in 2026, driven mainly by strong domestic consumption and investments in tourism and energy infrastructure. The tourism sector will continue to be an important contributor to economic growth, improving services exports and construction investments.
In fiscal terms, Moody's sees a positive trend in public debt, which has resumed its decline since 2022, following three major shocks. The public debt-to-GDP ratio fell to 54.2% in 2024 from a peak of 74.1% in 2021. The agency projects public debt to reach 53.5% of GDP in 2026, supported by strong economic growth and a primary fiscal surplus.
The agency estimates that the authorities are expected to respect the fiscal rules set out in the Organic Budget Law, to guarantee maintaining a primary balance at least balanced, as well as reducing the ratio of general government debt to GDP, each year, until it reaches 45%.
Foreign direct investment contributes to mitigating the risks arising from the current account deficit, which stood at 2.4% of GDP in 2024 and is expected to remain stable around this level during the period 2025-2026, significantly below the average of 7.3% of GDP recorded during 2017-2022.
The financial sector remains adequately capitalized and liquid, while potential risks remain under control.
Albania will continue to benefit from EU funding and the gradual implementation of reforms related to the accession process. Reforms, particularly in the areas of the rule of law, anti-corruption measures and good governance, will serve to accelerate the accession negotiations process. Economic integration with the EU, as Albania's largest trading partner, will serve to ensure sustainable economic growth in the medium term, and will help narrow the income gap with member states.
This reaffirmation of the rating by Moody's is a very important indicator of Albania's macroeconomic stability and the continued progress of structural reforms, which provides positive signals to international investors and supports the country's strategic objectives of integration into the European Union.
Euro payments with AIPS are slowing down - BoA: August reduced the momentum of July with only 472 million euros and 14% fewer transactions
Despite the fact that payments in euros made domestically through the AIPS EURO system are breaking records year after year, August appears to have curbed......
Gold "writes" history - Exceeds $4,000 for the first time
Gold has crossed the $4,000 mark for the first time, reaching a new historical record, driven by investors seeking safety in the face of economic and......
Intellectual property protection/ Customs Administration continues controls against smuggling and counterfeiting
Over the past few days, the Customs Administration informs that it has continued intensive controls on means of transport and goods in circulation, in order......
Montenegro launches SEPA payments - Citizens can transfer up to 200 euros without any fees
All eleven commercial banks in Montenegro became part of the Single Euro Payments Area (SEPA) schemes, enabling citizens and businesses to send and receive......
Are Educated Families Cutting Back? Consumption Increase Observed Among Families with Unfinished Education
Albanian family consumption has increased during 2024, but not for everyone. According to the latest INSTAT data, analyzed by "Scan Intel", while average......
Cristiano Ronaldo, the first billionaire footballer - The Portuguese star's fortune has reached 1.4 billion dollars
Cristiano Ronaldo, the former Manchester United, Real Madrid and Juventus forward who currently plays for Saudi Arabian side Al-Nassr, has become the first......
WTO raises global trade forecast - But tariffs expected to slow economy next year
The World Trade Organization (WTO) has significantly increased its forecast for global trade growth in 2025, but at the same time warned that the outlook for......
How much are the major currencies being exchanged today?
The US dollar has also registered a slight increase in its value this Wednesday compared to the beginning of the week, being bought today at 82.7 lek and......
